Economic Journal of Emerging Markets
Volume 3 Issue 1, 2011

EFFECTIVENESS OF QARD AL-HASAN FINANCING AS A POVERTY ALLEVIATION MODEL

Widiyanto Widiyanto (Unknown)
Siti Mutamimah (Unknown)
Hendar Hendar (Unknown)



Article Info

Publish Date
30 Sep 2011

Abstract

Poverty has been proven to be one of the most difficult problems to handle. This research tries to reveal the effectiveness of poverty alleviation model via Qard al-Hasan financing conducted by Baitul Mal Wat Tamwil. It is a model of free-interest financing which financed by zakah, shadaqah and other modes of charity. The result of the study shows that Qardh al-Hasan financing model is effective in empowering the economic activities of the needy. This financing model is supported by the prominent figure in the society and moslem religious leader and the economist. QH financing is potential to be developed further as a poverty alleviation model.Keywords: Qard al-hasan financing, effectiveness, poverty alleviationJEL classification numbers: G19, I39

Copyrights © 2011






Journal Info

Abbrev

JEP

Publisher

Subject

Economics, Econometrics & Finance

Description

The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal ...